School Bus Contracts 3rd Generation 1 Family 76 Years $180k Ono+buses Stable Income & Upside

This business has been in the one family for more than 76 years, due to the congenial nature of the business and as it's financially rewarding income. This business only takes in total approx 5 hours per day for two drivers.

Guaranteed consistent/reliable recession-proof income with two Tasmanian Government Contracts, payments made monthly.

New contract signed on April 2024, expiring on December 31, 2029

There are two 57 seat Scania buses, in as new condition and very reliable. 2017 HIGER A30 with approximately 208,000 klms, 2010 K270 with approximately 315,000klm and a reserve Mercedes bus, all three buses available at $300,000, all have been serviced by the dealer.

There is scope, demand and the opportunity to take on charter work.

Servicing the Whitemore/Bracknell areas to the Prospect High School and returning to Hagley Primary School via Hadspen, the other bus services commences in Carrick to Hagley Primary School. Excursion work is available from the Hagley Primary School.

$219,697 gross income in 2023 financial year.

This business has certainly stood the test of time and represents a rare opportunity to become involved in the bus service industry in this area.

Any reasonable offers will be considered by the owners.

Contact Tasmanian Business Broker Paul Scott on XXXXXXXXXX or email XXXXXXXXXX

INTENDING PURCHASERS TO MAKE THEIR OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate